Many many home buyers in Sonoma County live out of the area–they buy second homes here, they are relocating for work, or want to experience life in the wine country first hand.

Many home buyers, even if they are local, conduct much or their search on line. Why not have as much of the purchase transaction paperwork be conducted on line too?

This struck home this afternoon as I prepared an offer for out of town clients to sign. Their scanner was older and it was not easy to assemble the pages to fax back to me–believe me I had the same problem before I got a new scanner. What a tedious process for them!

Or I have had illegible faxes come through as a result of too many generations of faxing and scanning of counter offers and counters to counters, ad infinitum. Every one involved tears their hair out and runs around wasting time on mechanics of the paperwork, when it is the content of the documents that is most important! Pretty silly.

Enter the paperless transaction, beginning with the electronic signing of contract documents. It is easier than it might sound! What is an electronic signature?

An electronic signature is any legally recognised electronic means that indicates that a person adopts the contents of an electronic message.

There is a better way. Our new paperless transaction system at Prudential California Realty will be rolled out company wide in the first quarter. Hallelujah!!!!!! So many trees will be saved and countless hours chasing paperwork with also be saved by realtors and their clients.

My client asked me about electronic signing–what does it mean? What does it look like? What are the basic facts? You can click on the link above for a Wikipedia article about the concept of electronic signatures.

For more specifics, here is a link to the system we will be using, Docusign by Ziplogix.

Here is a brief (2 minute) and not too fancy overview of how you, as a buyer or seller, would use Docusign to sign documents electronically. I’ll have more posts about the whole process of greening the real estate transactions and preventing grey hairs for all the parties involved!


3 Responses to “Electronic Document Signing Makes Life Easier for Home Buyers (and Realtors)”

  1. 1 Arn Cenedella

    Pam

    I have just signed up for docusign too.
    Yes it will make things easier for clients and agents alike.

    Arn

  2. 2 An Bui, DocuSign Social Media

    Pam, Arn – Thanks for signing up for DocuSign!

    Pam, I’m looking forward to your posts about greening the real estate transactions and preventing grey hairs (loved that turn of phrase that I just had to use it!)

    Have a great holiday!

    Best,
    An

  3. 3 Pam Buda

    Hello An and Arn (!),

    Thanks for your comments. I have been waiting for the integration of our contract software (Winforms) with electronic signatures and on-line transaction management for a long time. It will minimize the adminis-trivia of a transaction and allow us to focus more on the important deal points and investigations.

    Clients will benefit with ease of use. At any point in time they will be able to access the entire file on line. After closing they will have a complete CD of all the transaction documents, reports and disclosures, rather than the pounds of paper they have now.

    A much better solution. The key will be educating our clients who may be new to the process, and of course, if they prefer paper, they can have paper.

    But it is nice to have an alternative at long last!

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